BTC Pulls Back to 76K: Fed and Inflation Pressure

Bitcoins hourly price fluctuations from the end of March are shown with candlesticks and moving average lines. (TradingView)Why Did BTC Decline to the 76K Dollar Level？

Inflation expectations surged: One-year at %4,8, long-term at %3,5 (October 2025 peak). The Fed is monitoring these self-fulfilling prophecies. Bitfinex analysts say the change has raised the threshold for rate cuts. While the Fed kept policy unchanged on Wednesday, the Bank of Japan signaled a June hike. BRN Research Director Timothy Misir notes that uncertainty is complicating decisions. ETF inflows and coordination against KelpDAO, along with BTC detailed analysis, are keeping DeFi afloat; the DeFi index is resilient.

Critical Support and Resistance Levels for BTC

• RSI (55,83): Neutral, no overbought/oversold.
• Trend: Sideways, Supertrend bearish.
• Supports: S1: 73.724$ (Strong, %-3,39), S2: 71.944$ (Strong, %-5,72).
• Resistances: R1: 76.837$ (Strong, +%0,69), R2: 80.810$ (+%5,90).
• Trading below the 50-200 hourly EMA carries deep pullback risk; EMA20: 75.416$.

The hourly chart confirms the breakout from the trendline. Above the averages gives a bullish signal. BTC futures participants are watching the Fed.

Frequently Asked Questions About the BTC Market

• How much can BTC fall？ If it doesnt hold the strong S1 at 73.724$, S2 at 71.944$ could be tested.
• How does the Fed affect BTC？ Hawkish stance pressures risk assets; if cuts are delayed, the decline deepens.
• Will BTC recover？ If R1 at 76.837$ breaks, 80K is possible; DeFi resilience is supportive.

This hawkish Fed stance may limit BTC potential along with ALT tokens. Global interest rate signals are critical.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.